AIOps Market Size

AIOps Market Size

Artificial Intelligence in IT Operations Market size surpassed USD 3 billion in 2022 and is poised to grow at a CAGR of 27% from 2023 to 2032, owing to the rising demand for Al-based services in IT operations. The market growth is due to the rapid adoption of AI-based platforms across enterprises. IT infrastructure & operation leaders are planning for a post-COVID-19 environment by deploying AIOps to enable task automation, knowledge management, and change analysis. Also, enterprises are adopting AIOp platforms to compete with and replace some traditional monitoring tool categories.

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Organizations of all sizes & types, ranging from start-ups to multinational corporations, government agencies, and non-profit organizations are increasingly turning to cloud computing technologies to provide a wide range of services. As core business applications have become more essential than ever, from process planning to customer relationship management, the ability to connect & analyze data in real-time has become increasingly critical for building a smarter business that makes informed decisions and optimizes investments to fund innovations. This growing demand for cloud computing is driving the AIOps market expansion as organizations look to leverage the latest technologies & tools to manage and optimize their cloud-based operations.